US-based NCR Corporation has sold a portion of the assets of its ATM business in Kerala, Bihar, Jharkhand and Lakshadweep to Mumbai-based payment system company Electronic Payment and Services Pvt. Ltd.

Following the acquisition, EPS will be managing more than 11,000 ATMs in India on behalf of banks, the firm said in a statement.

“The deal reiterates EPS’ continued commitment to offer reliable, robust payments services to its customers and reinforces the relationship with its business partners and stakeholders,” said Mani Mamallan, chairman of EPS.